Law Professor Slams Summers: “Cash Is The Currency Of Freedom”

from Zero Hedge

By Glenn Harlan Reyonds, aka Instapundit, a University of Tennessee law professor, originally posted on USA Today

Cash Is The Currency Of Freedom

As Fed inflates away dollar’s value, government gains more control to manipulate taxpayers and savers

Former Treasury secretary Larry Summers wants to get rid of the $100 bill. But I think he has it exactly backward. I think we need to restore the $500 and $1000 bills. And the reason is that people like Larry Summers have done a horrible job.

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